Ralph Lauren quietly shuttered its two-year-old 20,000-square-foot store last week. Other brands are expected to close boutiques in a city that has lost its luster for cash-rich mainland Chinese tourists.

Porto Cervo, a luxury seaside resort on the island, is a jet-set favorite.

TEMPORARY LUXURY: Harrods will inaugurate a temporary retail space in Porto Cervo, a luxury seaside resort on the island of Sardinia that is a jet-set favorite, according to a Harrods spokeswoman, who confirmed Italian press reports. The new store complex will be open throughout the summer and will be made of crystal and steel, with special areas set aside for refreshments and events. Qatar’s royal family, which owns Harrods, currently has four luxury hotels along Sardinia’s Costa Smeralda.

WWD's Ultimate Holiday Gift Guide is brought to you by @styleontherise and is complete with the perfect presents for everyone on your list. Click the link in our bio to start shopping NOW. #WWDHoliday #Sponsored

@rebeccaminkoff is bringing self-checkout to high fashion: The brand has partnered with @queuehop to bring its customers self-checkout options, beginning this holiday season at its SoHo store. (📷: @aurorarosephoto)

It was a big night for Demna Gvasalia at the Fashion Awards 2016 in London: The designer took home the award for international ready-to-wear designer for his work at @balenciaga, while his brand @vetements_official scooped international urban luxury brand. (📷: @giovanni_giannoni_photo)

Despite decades of enforcement, the plague of sweatshops still exists in America: "The sad reality is for workers in this industry there are still incredible problems and workers in this industry are subjected to inexcusable levels of violations of our basic labor standards." - David Weil, The Department of Labor Wage and Hour